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EU Stops No-Deal Crash Now, Kicking Can to April: Brexit Update

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French President Emmanuel Macron said U.K. Parliament’s failure to back May’s deal will lead to a no-deal Brexit.Source: Bloomberg
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European leaders maneuvered to stop a chaotic no-deal Brexit happening next week, handing the U.K. an extra two weeks. The cliff-edge that investors were dreading has been postponed -- but a new cliff-edge loom on April 12 when the U.K. will have to decide on the way forward.